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How Francophone Africa’s France-backed CFA franc works and why it’s controversial

Published on: Monday 05 August 2019

How Francophone Africa’s France-backed CFA franc works and why it’s controversial East Africa and Madagascar remained in place. They formed the basis for the exchange rate regime of independent states in the Franc zone. However, the Franc zone is not only an exchange system ...


News source: https://finance.yahoo.com/news/francophone-africa-france-backed-cfa-122751375.html

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